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. he's planning this year to abolish the corporate and individual income tax, moving in a very different direction than the national democrats want to and winning elections with that approach. so there's a lot to be learned both by the failure of the romney campaign and the senate races and the successes the republicans have had at the state level. >> host: and we're taking your calls in this segment with grover norquist with americans for tax reform. the phone lines are open. democrats, 202-585-3880. republicans, 202-585-3881. independents, 202-585-3882. grover norquist known as an expert on some of these budget issues. you bring up the senate budget that we saw from budget chairwoman patty murray last week with. talk about that and how you think it compares to paul ryan's budget. >> guest: there are two major differences. they certainly go in different directions. the paul ryan budget balances in ten years and does not raise taxes. patty murray's budget never balances and raises taxes $1.5 trillion over the next decade. so what the democrats and patty murray are saying in add
and a member of the ways and means tax writing committee. if you would, starts by bringing us up-to-date on where the house is when it comes to the continuing resolution and the 2014 budget. guest: the continuing resolution which funds the government was passed out of the house a couple of weeks ago. the senate has been dealing with that. they passed it last evening. it is back in the house, and we will likely pass that today, which is good news because one of the things that we included was the spending reduction, the appropriate spending reduction so we can try to get this economy back on track. excitingt is an activity that is been on the house floor these past two days. we will likely pass that out of the house of representatives today. this is a budget by paul ryan that will allow us to get to balance. that means the government will stop sending more money than it takes in by the end of the decade, which is really exciting. what that allows us to do is to get the economy rolling, jobs being created and provide more certainty so young people coming out of college know there i
of state offer tax inaccepttive to intyce business to the state and i'm for lower taxes. then i broke down the numbers. new york state is offering tax credit, not simply tax deductions. estimated at or near 24 a year. i can say the taxpayers of new york would not only not collect any taxes from the "tonight show" they will toll out steps of millions in subsidiaries to nbc. we ask, was nbc, fallon and the crew of rich fat cats need that money? >> bob: are you asking me that question? >> eric: yes. >> bob: sorry. let me -- >> eric: here is the crux of the question. >> bob: i got it. i got it. >> eric: give them free money. >> eric: i don't understand that the states that entice people to production like michigan, is it that they lose money? or don't make money? this is what happens. we give you $24 million but the economic activity that you bring when you come to the city, make up for it that way. >> dana: i think this screams need for tax reform. this is so warped that for cuomo can't get his arms around the fracking issue. issuing the time regulations or whatever law they need. so they bui
for medicare. or else i lose my provider, and i think that's a tax they are putting on people with -- bilities and trying to got to pay on their disability. and those with legionnaires disease or h.i.v., dirty needles. host: ray, atlanta, georgia, republican party. good morning. caller: good morning. very interesting conversation you're having this morning. i have found that most people pend a fairer amount of time planning for their vacation than for their retirement. i work with a fortune 10 company and have been with them for 28 years so at the water cooler hearing different conversations if you ask people how much money they have in their 401-k, a lot of them have no idea nor do they have any idea on the different plans to put their money in. it's rather appalling, actually. host: ray, how old are you? caller: 52. host: when do you plan to retire? caller: i'm going to work until i'm 62-63 years old. something about public america, i have a -- family members with retirement pensions about $65,000. being in corporate america my pension is nowhere near that, so if we don't save in our 401-k t
of republicans that i grew up with, the conservative business, low-tax republicans, and it is a natural generational fight, and i agree, i hope they continue to battle it out until after we get a woman in the white house and do some other things. then you all come back from the dead in 2050. [laughter] when the mayans predicted the world would end in 2012, they were talking about republicans. [laughter] i see the democratic party, we have enormous challenges as well. i do not like the fact that my native south has a lot of republican governors. i like to make sure that the party is competitive in the south as all as in the northeast and the western part of the country. for that to happen, we have to make sure that we can articulate that vision the people in the south want us to have in terms of our role about government, but also the kind of country we want to be. right now i feel a lot better about the democratic party than i did four or five years ago, because it is a stronger party. >> the notion we have to spend money organizing or we did not do well because of technology, that is m
plus tax increases and have net spending increases and when he you have a trillion dollar deficit, we need to work on our spending and when the other side is offering even more spending increases and even more tax increases, more borrowing, we're still kind of worlds apart. >> greta: i went through the budget and it's very complicated, at least i think it's complicated. and i want to go to different provisions i understand. let me start with medicare. under your program it doesn't affect anyone over age 55. >> if you're born in 1958 or earlier, it doesn't affect you. meaning you stay in the current medicare program just as it's designed now. in addition we get rid of the obamacare independent payment advisor board. the board of 15 bureaucrats next year in charge of cutting medicare in ways that medicare will lead to denied access to current seniors so we don't think we should change medicare for current seniors, which is what obamacare does, we propose a new system for younger people that works like what we have in congress. >> greta: and as i understand it, there are two choices unde
hear how much the $338 million jackpot breaks down after they pay taxes. "fox & friends" starts now. >>steve: welcome back to the studio. look who's back after a long vacation. >>gretchen: i knew that rooster called this morning. >>brian: is that how you got up? >>gretchen: i didn't sleep that much. i'm on a three-hour time delay. but glad to be back. nice to come back to a snowstorm on the east coast. >>brian: did you get my promo this morning? >>gretchen: i saw your lips moving and if i was reading lips correctly, i thought i heard you say? >>brian: gretchen carlson will debut her entire vacation picture by picture day by day. >>gretchen: i believe 7:30 eastern time i brought one picture. i needed marlon perkins on vacation. that's the clue. >>steve: he's unavailable. >>gretchen: i was pulling a brian for a moment. he always refers he needs marlon perkins and then we have to tell him he's no longer with us. it has to do with an animal that was very dangerous. stay tuned. great to be back. in the meantime let's get to your headlines. a last-minute deal to bail out cyprus. in exchan
introduce $20 billion in additional taxes this year and $40 billion in new taxes next year. so the deficit under the democratic senate budget proposal which only thing we've got at this point, calls for more spending and more taxes and bigger deficits. that is not where the american people are. recent polls this week showed that 55% of the american people favored the republican budget plan. if you took the word republican off of it and simply described would you support a budget that balances the budget and raises no taxes and cuts $5 trillion of them favor that 55% to 24% that budget that would raise taxes by a trillion and cut spending by hundred billion and not balance the budget which is what the democratic budget calls for. >> greta: we are 18 months out from the 2014 election. we have the house has passed a budget and senate has passed a budget. it will go to a conference for reconciliation. both parties have made it sent tral focus of 2014. it is a signal they are more interested in winning and making sorted smear each other's face with each other budget rather than drawing common g
. it will eliminate your monthly mortgage payments and give you tax-free cash from the equity in your home. and here's the best part -- you still own your home. take control of your retirement today. ♪ ♪ >> all right. check it out. because punxsutawney phil is a wanted animal. an ohio prosecutor is not happy with the famed groundhog's prediction of an early spring. like much of the northwest and mideast it's frigid in the buckeye state and the prosecutor says he wants the ultimate, the death penalty. >> it's definitely not spring, it's a snowstorm and temperatures in the teens and when i came to work in the wind and the cold, i said to myself something's wrong with phil, you know? punxsutawney has some answers he has to give. i'm going to indict phil and taking the death penalty because let's face it phil is already behind bars with a life sentence. what else is left? >> before you write to complain, the prosecutor admits he has fun and the story has legs. here is a copy of the official indictment. >> poor punxsutawney, can't get a break. >> and the powerball jackpot 320 million. >> i've got my
. his government has been blamed for a lot. the country has become a bit of a tax haven for rich russians. some banks, we are told now, will reopen on tuesday, but restrictions will be in place. there was real fear there will be a run on those banks when they do reopen and in fact, we have just learned that the two biggest and most troubled banks will not reopen tomorrow. we're told now they won't open again until thursday. what is the u.s. take away from all this, megyn? >> europe, the ally, and trading partner for the united states, certainly, is intact. that's a good thing. but according to experts, the credibility of the euro shall the credibility of the european union has been damaged by all of this back and forth for the past couple of days. as you noted, a very dangerous precedent has been set, that is dipping into private bank accounts to pay for the government, and maybe that's why we see the markets both here and in the states go down today. >> megyn: greg palkot, thank you. it's not often that the economy in cyprus makes global headlines, but experts say the latest and
. the sequencing done right on this cut spending cuts and tax reform. things sound great and they're moving along now. but joe, as we talked about earlier, you're going to have reticent democrats. and even key congressional races who are going to slow down a bit and saying, look, i want immigration and guns dealt with, what are we doing about the economy and the budget, the debt, and tax reform? >> and this is, richard haas, you can only push people so far, i mean, not the republicans' best friend. this weekend said democrats you're about to lose me. i pay 40% federal, 15%. well, i hear we have it cued up. let's go. this is bill maher this weekend. >> -- actually do pay the freight in this country. i just saw the statistics, something like 70%. and here in california, i'm just going to say, liberals, you could actually lose me. it's outrageous what we're paying. over -- i'm willing to pay my share, but yeah, it's ridiculous. >> and not only that -- >> wow. >> people like bill maher pay 55% in california, people in new york pay over 50%. in new jersey, why is a republican sitting at 70% plus appro
as it could have been. there was talk at the beginning of the whole crazy mess last week that they would tax mom and pop depositors with less than 100,000 in the barng. they did nothing wrong. they did not get the banks in that mess. a lot of outrage about that. protests in the street, et cetera, et cetera. we're now trying to grab those funds above 100,000 euros and the rub here is that there's at love russian offshore money in cyprus. that's what the authorities are trying to grab. >> parking money. >> i'm getting very nervous. >> to pick up on what you're saying about what you call the tax in that first proposal, a lot of the critics said it is not a tax. that goes to the core of this. the entire financial system is based on trust. the average consumer isn't worried as much about bond yields. the trust when they put money into the bank, they can take it back out. how much did the floating of that proposal cut against that trust? i think hugely. i wrote a column about this this week. i think if you're an italian or a spaniard or in another potentially beleaguered european country, you're w
spent it all. >> jesse: only 30 million. >> clayton: and now talk about what the taxes look on all of this. can i play the opposite side. you win million, 25% of that lump tum gone to the federal government and 84 information gone to, 0 gone to the federal governme government. >> alisyn: and then new jersey has a high state tax as you can see, 10.8%, so 36 1/2 million will go to new jersey, i know you're thinking, can i move today to texas? and i know you shall the winner are listening and kudos for your ingenuity. yes, you might be able to move to a state with no state tax, but new jersey might still take it. >> jesse: and if chris christie has its way, going to get more of your dough because i think the 7.8 to 9.8, good luck. >> clayton: hallelujah. still taking home 216 million dollars. that's what he would get it end. >> jesse: what would you do with that kind of dough. >> alisyn: let's talk about that. >> clayton: i don't know. >> jesse: would you buy me a boat. >> clayton: i would buy you a boat first. i don't know helping starving children i would help jesse get a boat. >> j
been taxing literally all of the accounts, so they kept the banks closed so people wouldn't drain their accounts. so what is happening now. >> cyprus has struck a deal that taxes just the biggest bank accounts, anything more than $130,000. and that will hit mainly foreign investors. will hit them the hardest anyway because the banking system in cyprus takes in billions of dollars in foreign investment, especially from russia. >> but the deal is good for americans, europe is actually one of our biggest trading partners. and if it's in turmoil, europeans not in the mood to buy any american goods. american markets were higher friday in the hopes the deal would be reached this weekend. what is the reaction today? >> zain asher's in new york for us. tell us what happened. there was a bit of a bounce but then it came back. what's been the impact? hey, michael, and suzanne. sduric manages a gain. dow hit a new intraday high 14,563. the s&p got within one point of a record high. but we watched the s&p a little bit more closely because it's bigger, 500 stocks as opposed to the dow's 30. an
not have had to pay the $600,000 in estate taxes she had to pay when her partner died. that's what we're talking about. that's the kind of equality, but regardless of what the court decides, edith and thea are still going to love each other and still going to be a couple. >> the thing is that edith and t he a don't want separate but equal treatment under the law when it comes to civil unions or marriage and that's what the whole thing is about. >> it's not separate and equal. that's the whole conversation. >> absolutely. >> there's more than 1,000 laws that are separating, you know, same-sex couples from heterosexual couples who are in the same comparable relationship, more than 1,000 laws. essentially i pay no taxes for no other reason than my sexual orientation, no other reason how i was born so it's not even separate but equal. it's separate but unequal. >> and while the entire nation is watching, millions may be directly affected by the decision of nine people in washington. you'll hear from one of those couples next. with the bing it on challenge to show google users what they've
proposal from the eu came with strings attached in the form of a tax ranging between 6% and 9% on federally insured bank depositors in cyprus. most people i spoke to thought it was terrible idea. sheer what former treasury secretary larry summers told me. >> this idea that the little guy is the first victim in going after moral hazard is a new idea in resolving financial crisis and is not a very good idea as pictures of people lining up at the atm machines demonstrate. >> meanwhile, important earnings news this week. software giant oracle missed earnings expectations, as did transportation bellwether fed ex. general mills, housing company lennar and williams sonoma all came in ahead of expectations. more strength in the housing sector to report. new home starts roast 8/10 of a percent in february, about what analysts were looking for. that's an annualized rate of 917,000 new homes. the federal reserve continuing its easy money policy and the banking crisis in cyprus. which is more important to your money? joining me right now to talk investing, liz ann sonders is chief investment strategist
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an amendment the medicalveal device tax in the 2010 health care law. again, the debate is underway. we caught up with a capitol hill reporter for inside information on the budget proposals in the house and senate. among the amendments they have debated and .ost: let's talk about the cr guest: congress is saying at least for today we avoided a showdown. the senate has passed it, the house passed it yesterday, and what it does is continue what we have seen from government funding. this is the era that we live in. rds that disagree on the way spending and taxes should go -- parties that disagree on the way spending and taxes should go. it keeps the sequester in place , although it does gives -- give .ome flexibility basically, it keeps in place what we thought we already had, which is a working government, sequester, and the ongoing pay freeze for federal workers. host: is the sequester here to i am starting to think that it has to be. twos harder to see how the sides reach an agreement when the democrats say let's replace half of it with taxes and republicans do not want that. i do not think de
a robust debate on tax reform? that is sitting out there and no one is moving on it and everyone is very unhappy with the tax code as it currently exists and there are some opportunities there to pick up some additional revenue. but, at the same time, it would send a signal, i think, across the entire spectrum of the country maybe they can get something done. >> i agree with you. you're an experienced observer of these things. why can't we have this? the simpson-bowles system is hire tax reform and we are trapped. >> i don't know why the president just doesn't reach out and say we are having trouble with these other issues. this is one in which we can all gather at the same place and get something done. >> isn't the argument what to do about the -- that's where everyone sort of breaks. the president is saying, it's not -- some of it should be used to -- some of it should go back into the government and some of it could be used to lower tax rates. >> the president is not spending the good tax reform and debate is why. washington loves to talk about taxes. a long time now sideways spending
it for the superbowl. the terms are tough and not likely negotiable. santa clara must waive the hotel tax on the 350 rooms they will occupy. it will waive the surcharge that goes to debt service on the new stadium and waive a 35 cent per ticket fee that funds programs along with a parking fee that recoups the city's cost for services. santa clara says it will get reimbursed for public safety excesses by the host committee. >> it was our intention to make sure that we walk away putting on a great show, doing a lot of work and making sure we come out whole in this process and being reimbursed for our efforts to make it a successful event. >> reporter: giving a hotel tax break isn't as bad. 350 looms are involved. at the rate is 14.25 translates into $5,000 loss per night, revenue that normally goes into the general fund. general manager at hilton santa clara says superbowl spending will more than off set that loss. >> the value and exposure we're going to get here and what is spent here in the time frame will more than make up for anything that is lost. >> reporter: he is planning a 140 room in additi
will be determined today. 40 percent of people's money could be taxed. it's interesting. this is like a tax the rich kind of thing going on there. >> all of the russian have their money parkd in cyprus. they had an opportunity to save cyprus, not so productive there. if you have less than 130,000 dollars in that bank it is okay. it is safe and it goes to the biggest bank in cyprus the bank of cyprus. >> the good news it won't hurt or markets. >> cyprus isn't out of the woods just yet. moody agency warning it is still at risk of default and it can exit the euro. that could see the euro zone through out the entire content. they will have painful consequences for cyprus. the gdp will be negative for quite sometime. right now there is how much money can be taken out of the atm 100 euros a day. there's panic over there. >> stars are going through and we don't want to have it here. >> it is time to take a look at who is talking this morning we are looking at the continuing national debate on guns. new york city mayor on michael bloomberg announcing a $12 million ad campaign for mayors against guns. in at
. i...i mean, you...love. . >>> the one thing we've seen is $1 trillion in higher taxes, taxing more, borrowing more and spending more is not a path to prosperity. >> that was congressman paul ryan on the hill. pleased that democrats are bringing bunts budgets to the table. maryland congressman chris van holland is the ranking member on the house budget committee. he joins me now, congressman van holland. good afternoon to you. >> good afternoon to you, luke. >> i want to get your take on house republicans are panning the democratic budgets that will be voted on tomorrow. your budget, the black caucus budget, the progressive budget, various ones have no chance of becoming law. is there any worry that the idea that republicans are putting forward that our budget balances, our budget balances, a very good sound bite that can work in mid-term elections. whereas you guys' isn't balanced until about 2040. is there any worry that the message could take hold and cause problems for you in the 2014 mid-terms? >> no, luke, for this reason -- the republican budget, the ryan budget balances on t
people from buying the cost might. new yorkers paid the highest state tax on cigarettes. $4.74 tax a pack. number two highest rhode island followed by connecticut. meantime, virginia, which is a big tobacco producer, is next to last. missouri has the lowest state taxes at 38 cents a pack. where does your state rank? just head to our website jansing.msnbc.com. [ male announcer ] from the way the bristles move to the way they clean, once you try an oral-b deep sweep power brush, you'll never want to go back. its dynamic power bristles reach between teeth to remove up to 76% more plaque than sonic in hard to reach areas. oral-b deep sweep 5000 power brush. [ female announcer ] from more efficient payments. ♪ to more efficient pick-ups. ♪ wireless is limitless. [ female announcer ] from tracking the bus. ♪ to tracking field conditions. ♪ wireless is limitless. only hertz gives you a carfirmation. hey, this is challenger. i'll be waiting for you in stall 5. it confirms your reservation and the location your car is in, the moment you land. it's just another way you'll be traveling at th
for the future. >> the additional money generated through proposition 30 which temporarily raises taxes on high earners to help fund public ed oox state lawmaker introduce aid bill closing a loophole alouing out of state players to file california worker compensation clai.s right now, 3,000 retired players never played have worker's comp claims pending in california court claiming they were injured in that state. in case that's is costing state taxpayers millions. >> to a lot of chase bank customers got a big scare when they went online today. >> yes. looked as though all money was gone. >> yes. >> can you imagine? >> yes. >> imagine going on line, seeing your balance is zero. that is what happened to many chase bank customers many of those went online or used smart phone owes co-not see balances. is those who did manage to log on saw a zero balance. chase said it was an internal problem that has been resolved. so your money should show up if looking now. positive news on the housing front. foreclosures dropped in february, down 29% compared to the year before. lowest since the housing crisis s
. spending is out of control, just in time for tax season too. the irs made headlines, this time, getting blasted for a dwen training video parodying "star trek." look at this. >> there's money laundering, bribery, running rampant in the street. sir, they are exchanging the lowest coin currency for paper bills. >> you don't mean -- >> that's right, sir, pennys on the dollar. gerri: are they serious? 60,000 of your taxpayer dollars funded that video. this, of course, weeks after another government agency, this time, the usda had a video teaching college kids how to use a microwave. since the sequester, washington agentedded like a 2-year-old throwing temper tantrums making big spectacle cuts. looking like stopping the federal government from spending money is harder than keeping the snow from falling. cut out the spending on junk. that's my two cents more. that's all for tonight's "wig liz report," and thank you for watching. if you can't catch us live, don't forget to dvr the show. have a great night. ♪ lou: the tie any island nation of cypress is safe for now. the last effort to bail o
costs down. what's your plan? ishares. low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. squa championship game rapped up. winning the acc for the first time this school history, but still wasn't enough to earn them a one seed in the big dance. miami is a two seed in the east region. louisville number one overall. the other one seeds are kansas, indiana and gonzaga. last year's number one overall seed, kentucky, they failed to make the tournament this year. st. louis wrapped up the atlantic 10 title yesterday taking care of bcu. after the game they tried to get right to the airport so they could watch the selection show, but they got stuck in traffic in new jersey, so the entire team stopped off at a local best buy and set up their own watch party. shoppers joined them as they learned they would be the four
that builds the power structure. in a state like the united states, the population pays taxes and the government is accountable and that system is not there in iraq. whoever oversees oil seizes power. that is a major factor in conditioning the mentality of the group that rules. they put their hand on that and they will not let that go. coming back to the sunnis, i remember growing up in a country where the sectarian divisions were not really relevant. we did not who was sunni or shia. a sectarian policies of saddam's regime and the oppression he imposed on the shia, this sense of being persecuted was strong -- shia.he snia. the opportunity came, there was a segment, the islamists, who were thinking now, we have got it, we will never let it go. it will be a shia government. that put the sunnis a difficult position, and in the early days they brokered the political cottedf the polit aical process. that did not work. they then joined in it. that is not working. now they are caught in a difficult position. they do not want to go to the extreme where al qaeda is because they get th
that the perception is that the republican party today fights for the wealthy with tax breaks for the wealthy, for corporations, loopholes, and doesn't really understand the average hard-working american anymore and that's what we've got to get back to. >> i was struck by that piece of it because it seems it's not a hypothetical or divorced from the facts assessment. during the primary campaign where your count rick santorum did well against mitt romney, at one point where they got the most traction against mitt romney was talking about those economic angles about the way mitt romney has behaved in corporate america, the vulture capitalism. it wasn't endorsed uniformly by all of mr. romney's competitors in the primary but it did seem to work. and then there was just a vociferous backlash among the republican establishment that you wouldn't talk that way about success. how do you think that plays out? >> it looked like we were attacking capitalism, and i don't think that was the intent. but i do think this, all over this this country, people will wake at 3:00 in the morning, tossing and turnin
changes in later parts. adoption of the income tax fundamentally changed the role of the federal government via the states and not generate so much revenue it completely has the states do anything it wants. the 16th amendment, which changed the senators -- these to be elected by state representatives for now by the people as fundamentally change the structure because congress no longer contained representatives of the states as entities. and of course the civil war amendments, 13 or 14 and 15. if anything change the structure was the civil war in the post-civil war amendments. one of the things that kept coming up in the office is what is the meaning of section two of the 13th amendment in section five of the 14th amendment an equivalent language issue with this power shall have the authority to enforce these causes by appropriate legislation. many of the statute's expanding national into it had been based on one of those enforcement causes. the most common in section five of the 14th amendment. i mentioned in my talk that ben professor bork come in the first time he was at a mee
the supply of electricity, improving the tax system, strengthening the ability to enforce contracts will all lift india's ranking and spur business growth in a way that has been missing thus far. largelyia's economy is based on global supply chains, it is absolutely critical for india to enact reforms and liberalize its economy, to tap into this regional market. this is how india anchors itself in the asia-pacific region and we should do what we can to help leverage those reforms inside india. that is why i believe the administration must redouble its efforts to secure a u.s.india bilateral investment treaty. current negotiations are proceeding far too slowly. there are important issues to resolve and it's going to take a concerted effort to make progress, but once the b.i.t. is firmly in place, the u.s. should work with india on a free trade agreement that will foster more trade. we should also work with india on high-tech visas where both of our countries jointly benefit. i strongly believe that where goods and services cross borders, armies do not. if this isn't motivation enough, let's c
with my investments. i also try to keep my costs down. what's your plan? ishares. low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. at tyco integrated security, we consider ourselves business optihow?rs. by building custom security solutions that integrate video, access control, fire and intrusion protection. all backed up with world-class monitoring centers, thousands of qualified technicians, and a personal passion to help protect your business. when your business is optimized like that, there's no stopping you. we are tyco integrated security. and we are sharper. >>> 15 past the hour. time to check our top stories. italian supreme court will decide if amanda knox should stand trial again for the hur of her roommate. the american student whose stories captured worldwide headlines spent four years in an
. >> reporter: it is likely that city council will agree to give up the 9.5% hotel tax for 350 rooms. about $6 million in ticket surcharge revenue, about $25,000 in ticket fees and $4.54 per parking spot. the community group which opposed the stadium says forgoing income doesn't make sense. >> the nfl is a nonprofit corporation that should be paying their own expenses. having a small city as ours take on that burden is fiscally irresponsible. >> reporter: the committee is actively fundraising to back fill concessions the city makes but she says that could be a gamble that does not pay off. >> what happens if it doesn't? the america's cup in san francisco, they were promising to raise this money to pay for the infrastructure. it didn't come true. >> reporter: santa clara city council meeting begins at 6:30 tonight and then the super bowl bid committee presents their bid to the nfl owners on may 22. and the battle is down to santa clara and miami. and it is worth mentioning that miami has refused to give the nfl those concessions. so if santa clara didn't want to it would be a level playing fiel
is table e united states is ashley united states is able to disengage even more in terms of tax dollars and present -- presence. to help in the recovery efforts of that country because we bombed the heck out of them. we destroyed the country. until we get to that point, then we are going to have to be , in many ways, invested in iraq, but only in a very limited sense. that is our duty, i think, as americans, but i would hope we would focus more on nationbuilding at home, economic security for our veterans. i would hope we would look at how to create jobs, preserve medicare, medicaid, and social security. i think those are the critical issues we have to turn to in our own country to make sure that americans achieve the american dream. when you look at poverty rates, for example. we need a national strategy to eliminate poverty. i'm working on that with many members now in the house of representatives. there is much work to do here. host: congresswoman barbara lee , inc. for talking to our viewers. i'm delighted to be here. host: coming up, we will talk to doug collins of colorado. later,
. as a result we are more competitive. from low income to the high tax brackets, everyone is benefiting. the future's bright but only if we educate the half truths and begin telling the real story of america's natural gas revolution. the stories about technology, private sector innovation, investment, financial risk, thousands of new jobs, new competition, new growth, a growing and better standard of living for more americans, lower energy costs, new industries, a revitalized energy sector, more jobs, more growth, energy security and optimism. this is the story of america's natural gas revolution. i yield back. the speaker pro tempore: the entleman's time has expired. for what purpose does the gentlelady from illinois seek recognition? >> i ask unanimous consent to address the house for one minute and to revise and extend my remarks. the speaker pro tempore: without objection, the gentlelady is recognized for ne minute. >> mr. speaker, the ryan budget once again places the burden of deficit reduction on working americans while failing to stop the frivolous spending of oil subsidies for
taxes to accommodate to the sequester cuts. do you have any plans for these cuts. >> i wish i could say things are going to be okay. americans are socialized in thinking there is frank capra capra-istic ending and the mean 'ol banker will see the errors of his ways and the town will pitch in. the fact of the matter is the only serious outcome of these cuts is more mass suffering from low income people. organizations like mine couldn't possibly think of compensating for this. look, every charitable meal distributed in america equals 1/ 1/20 of the meals funded by the government. we have a domestic peace corp program. we just learned that our program is going to be shut down in new york city over the next few months because the sequestration. we're hoping that there will be future funding down the line but right now soup kitchens and food pantries that were expecting to help and young people who were hoping to serve in their community are out of luck. that's the reality of what is happening today. the truth is with the exception of current tv and a few other outlets the media has basical
. >>> the democrats are calling for almost $1 trillion in tax increases over the next decade. they also want to save social programs that republicans want to eliminate. standing in the way are many many amendments. >> we had about 400 amendments filed. we're not going to do 400 amendments. >>> the senate rejected a proposal by paul ryan. president obama is scheduled to offer his own program in a few weeks. >>> the aviation administration -- there's been no decision yet on the airports near santa rosa, napa, concord, livermore and san carlos. reporter mike lurey reports on a pilot in sacramento who worries about safety. >> i'm hoping that there's going to be a last minute deal before these things actually close. >>> scott miller is a pilot, he trains his students how to use the radios in the airplane to maintain proper spacing for take offs but says traffic controllers will be missed. >> being able to call traffic controller and help us locate other traffic we'll have to do those tasks ourselves. one experienced worker at executive was blunt about the anticipated impact. >> initially i think we'll ha
not dangerous. >>> the democrats are calling for almost $1 trillion in tax increases over the next decade. they also want to save social programs that republicans want to eliminate. standing in the way are many many amendments. >> we had about 400 amendments filed. we're not going to do 400 amendments. >>> the senate rejected a proposal by paul ryan. president obama is scheduled to offer his own program in a few weeks. >>> the aviation administration -- there's been no decision yet on the airports near santa rosa, napa, concord, livermore and san carlos. reporter mike lurey reports on a pilot in sacramento who worries about safety. >> i'm hoping that there's going to be a last minute deal before these things actually close. >>> scott miller is a pilot, he trains his students how to use the radios in the airplane to maintain proper spacing for take offs but says traffic controllers will be missed. >> being able to call traffic controller and help us locate other traffic we'll have to do those tasks ourselves. one experienced worker at executive was blunt about the anticipated impact. >> in
by senate democrats raises taxes by $1.5 trillion without saving entitlements. >>> also new this morning, around 4:00 the senate passed its first budget in four years. approving a $3.7 billion spending plan for next year. the 50 to 49 vote ended a grueling all-night debate. no republican voted for the package. it sets up contentious negotiation was the republican-dominated house in april to reconcile two vastly different plans for dealing with the deficit. the senate version calls for spending $100 billion on infrastructure to help create jobs. the house version calls for deep cuts in domestic spending to balance the budget by 2023. >>> the california department of education is expanding its list of recommended reading for kindergarten through twelve grade and it includes newly published works dealing with sexual identity issues. here's abc7 news capital correspondent nannette miranda in sacramento with the story. >>> as summer nears, educators want to keep kids reading. the california department of education just updated its list of more than 7,800 recommended books. meant to prepare st
down party lines. the budget poses a trillion dollars in tax increases with modest spending cuts. it is going to go to the republican controlled house where all expectations are that it will be rejected. republican senators had proposed dozens of amendments. >>> it's a least rare occurrence in history. this morning more than 1,000 people gathered outside the papal retreat near rome. they were hoping to catch a glimpse of pope francis. he went there to eat lunch with his predecessor. vatican observers say they may discuss security leaks. >>> rosemary, i gotta tell you, allergies are killing me. >> spring has sprung. you are right, we are going to have another beautiful day out there. temperatures will be on the mild side and in some cases, will reach near 70 degrees. the official sunraise around the bay area, 7:08. so it is now up and shining. we again have mostly clear skies to start your day. a little patchy fog near half- moon bay but it should be burning off fairly quickly as we get into the next hour. temperatures a little cooler than where we were yesterday, he is special in
about entitlement reform and you know long-term tax reform in that kind of thing? >> guest: i think they care about the basic principle behind it. i don't know that people of this generation or anyone are anyone in this country has a detailed plan for how to address these things except some people in congress but i think we understand the principle behind meeting to make decisions and not wanting to be stuck with having to pay this bill down the road. i think that something this generation has been aware of because we have been talking about it for a long time. >> host: and not just sort of generalizing an entire generation but what do you think the millennials view is on the current state of the economy? things are not good and things are not looking good particularly for the future of this generation. they might be optimistic but they are also wrong in some sense. >> guest: well i'm not sure that they are wrong in the long-term. the optimism is important to note, it's not everything is great and everything is fine right now but it's an optimism here towards the future. i think as
doing something he hasn't done in almost 30 months. >>> plus, the irs spends your tax money on a star trek themed training video. and bill gates and condoms. the power block is next. oh, hi thehey!ill. are you in town for another meeting? yup, i brought my a-team. business trips add up to family time. this is my family. this is joe. hi joe! hi there! earn a ton of extra points with the double your hhonors promotion and feel the hamptonality. even in stupid loud places. to prove it, we set up our call center right here... [ chirp ] all good? [ chirp ] getty up. call me! seriously, this is really happening! [ cellphone rings ] hello? it's a giant helicopter ma'am. [ male announcer ] get it done [ chirp ] with the ultra-rugged kyocera torque, only from sprint direct connect. buy one get four free for your business. >>> bottom of the hour, i'm brooke baldwin. technology, sports, business, health, science and showbiz news the we're hitting it all for you right now in the power block beginning with this. cbs forced to say sorry for this scene in the amazing race. watch. >> here? oh, there.
's your plan? ishares. low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. if you have high cholesterol, here's some information that may be worth looking into. in a clinical trial versus lipitor, crestor got more high-risk patients' bad cholesterol to a goal of under 100. getting to goal is important, especially if you have high cholesterol plus any of these risk factors because you could be at increased risk for plaque buildup in your arteries over time. and that's why when diet and exercise alone aren't enough to lower cholesterol i prescribe crestor. [ female announcer ] crestor is not right for everyone. like people with liver disease or women who are nursing, pregnant or may become pregnant. tell your doctor about other medicines you're taking. call your doctor right away if you have muscle pain or w
/2 points. >>> worries of cyprus continue to weigh on the markets. rejected a bro posed tax on bank deposits casting doubt on a bailout. >>> in the u.s. housing starts jumped .8% in february meeting expectations. meanwhile, building permits a gauge of future construction rose to the highest level since 2008. that's it from cnbc, first in business worldwide. now back to "hardball." >>> there's no one reason we lost. our message was weak. our ground game was insufficient. we weren't inclusive. we were behind in both data and digital. and our primary and debate process needed improvement. >> there's the lift of a driving dream. welcome back to "hardball." rnc chair rience priebus reporting on the state of the republican party and brought relief to establishment types but also angered conservativeses who say priebus, that man there, was exactly wrong, that the party can't win if it moderates its right wing positions. here was rush limbaugh reacting to priebus. >> they think they have to re-brand. reach out to minorities. got to moderate their tone here and moderate their tone there. that's not a
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